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How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions (Jonathan Weil/Wall Street Journal) from Techmeme RSS feed.
How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions (Jonathan Weil/Wall Street Journal)
Jonathan Weil / Wall Street Journal:
How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions — Favorable treatment off the balance sheet hinges on some convenient assumptions — It seems like a marvel of financial engineering …